Exchange rate?

[JamesBon92007]

Schwab! I never have to tell them I’m leaving home and they reimburse all and any amount incurred by fees....Schwaby....I have pretty much everything with them. No need to tell Chase Sapphire I’m out of the country either!

Do they even reimburse the on-site ATM fee (someone said it's 31 pesos on Banamex right now)? CapitalOne does not reimburse that one, but all the others that used to show up in my bank statement.

 

[flyboy08]

Do they even reimburse the on-site ATM fee (someone said it's 31 pesos on Banamex right now)? CapitalOne does not reimburse that one, but all the others that used to show up in my bank statement.

Every ATM I’ve used around the world I get 100% reimbursed.

 

[mediumone]

5,000 was not a choice.

So, to get 5,000 pesos, I had to withdraw 3,000, then 2,000 more.

You don't have to choose the default amounts on the screen. Just enter the number of pesos that you would like or need.

 

[DandyDon]

You don't have to choose the default amounts on the screen. Just enter the number of pesos that you would like or need.

If that was a choice, I missed it. I wish I had taken a photo of the screen.

 

[AdivingBel]

Do they even reimburse the on-site ATM fee (someone said it's 31 pesos on Banamex right now)? CapitalOne does not reimburse that one, but all the others that used to show up in my bank statement.

My CapOne ATM card reimburses up to $24US/month for ATM charges. All my Coz ATM fees have been covered.

 

[horn34]

My CapOne ATM card reimburses up to $24US/month for ATM charges. All my Coz ATM fees have been covered.

The Schwab Bank debit card reimburses all ATM fees. No monthly limit. No forex fees.

 

[JamesBon92007]

My CapOne ATM card reimburses up to $24US/month for ATM charges. All my Coz ATM fees have been covered.

Excellent. They never mentioned a monthly limit and told me they do not reimburse the on-site fee (31 pesos?) but I hope the guy I talked to was wrong. Do you have a 360 account? That 31 pesos might get me a taco somewhere

I just got my new card (which FedEx delivered to the wrong address) and activated it but it didn't come with the "fine print" stuff so I guess that comes later or is all online. Anyone else have this problem with FedEx? This is the second time someone sent me a card through them and the second time it was delivered to the wrong address!

 

[WetInPortland]

Anyone know who's ATM has the highest cash withdraw limit and lowest fee? I use a pre-loaded Visa on a forex free card. Not many of those in Canada.

Santander is a 34 peso fee, IIRC, and I believe the max withdrawal is $8,600 pesos (it flashes by very quickly right after entering your PIN). I know I've taken out $8,000, but it may also depend on limits imposed by your home bank.

 

[AdivingBel]

Do you have a 360 account?

No, mine is an older account. That might be the difference as my account might be "grand-fathered." I originally opened the banking account along with a CC account several years ago when I was business traveling in Europe. At that time all the ATM charges were reimbursed as well as no CC foreign transaction fees and a market exchange rate. They have held to those terms on the account for years even though they have gone through several iterations of different CC promotions and the acquisition of ING's internet banking businesses (that's where the 360 account came from). When I retired I kept the accounts and CC for dive travel purposes. When I'm traveling, I only keep enough money in the account to cover what I think my "worst case" travel needs might be (plus a little just to be sure ) as an extra hedge in case my ATM card gets hacked (it does happen). That way I'm only out what is in the account until I can get things straightened out. Their CC (as well as most others these days) is very good at flagging "unusual" transactions and have always been very helpful in resolving any issues. Over the years I've never lost any funds even though cards have been compromised. IMHO, it's really amazing how far digital monetary transactions have come and how convenient it is for travel. It's a brave new (well not really that new...lol) world. Or I'm just old....

 

[JamesBon92007]

No, mine is an older account. That might be the difference as my account might be "grand-fathered." I originally opened the banking account along with a CC account several years ago when I was business traveling in Europe. At that time all the ATM charges were reimbursed as well as no CC foreign transaction fees and a market exchange rate. They have held to those terms on the account for years even though they have gone through several iterations of different CC promotions and the acquisition of ING's internet banking businesses (that's where the 360 account came from). When I retired I kept the accounts and CC for dive travel purposes. When I'm traveling, I only keep enough money in the account to cover what I think my "worst case" travel needs might be (plus a little just to be sure ) as an extra hedge in case my ATM card gets hacked (it does happen). That way I'm only out what is in the account until I can get things straightened out. Their CC (as well as most others these days) is very good at flagging "unusual" transactions and have always been very helpful in resolving any issues. Over the years I've never lost any funds even though cards have been compromised. IMHO, it's really amazing how far digital monetary transactions have come and how convenient it is for travel. It's a brave new (well not really that new...lol) world. Or I'm just old....

I have a CapitalOne travel card and they've always treated me right which is why I decided to get a checking account with them instead of, say, Schwab. It sounds like Schwab might have a slight edge but CapitalOne has always been on top of things and I've never lost a cent even though there were some purchases that I didn't make (a new card was sent to me immediately). I too am only keeping what I think I'll need in that account plus I can always use my credit card if things get bad enough. Currently I'm testing to see how long it takes to transfer money from another account over a weekend. I had a situation on Isla Mujeres last year where the ATM seemed to work only about every other time so it may help to have a second card.